The day prescribed in a bond, mortgage, or defeasible deed for payment of the debt secured thereby, or, in default of payment, the forfeiture of the property mortgaged. But this does not now occur until foreclosure . Ward v. Lord, 100 Ga. 407, 28 S. E. 440; Moore v. Norman, 43 Minn. 428, 45 N. W. 857, 9 L. R. A. 55, 19 Am. St. Rep. 247; ICortright v. Cady, 21 N. Y. 345. 78 Am. Rep. 145.
Black’s Law Online Dictionary
